Modest Gains in Mixed Trading for Tel Aviv Stocks

The Tel Aviv Stock Exchange opened the Shavu'ot holiday-shortened trading week, Sunday, with modest gains in mixed trading. The TA Composite Index closed at 1,259.06, up .24 percent from Thursday's close, while the same percentage increase meant a posting of 1,260.00 for the TA 100, including a gain of .28 percent to 1,397.35 for the TA 25 most-widely-invested issues. The stocks outside the TA 100 stood at 1,071.09, up .17 percent.

Leading the gainers were the bank issues, which rose .31 percent to 1,329.03 as the financial institutions finished the day at 1,278.38, down .02 percent, reflecting a drop of a quarter of a percent to 1,502.26 by the insurance issues. The communications stocks stood at 804.93, up .21 percent, followed by the oil and natural-gas index which advanced .14 percent to 1,358.02, and the real-estate issues, which closed at 389.16, up .05 percent. Most of the technology stocks lost an average of .05 percent to close at 340.78, while the biomed index slipped .08 percent to 940.63.